BLL - Valuation Dashboard: Energy And Materials - Update
This article series provides a monthly dashboard of industries in each sector of the GICS classification. It compares valuation and quality factors relative to their historical averages in each industry.
Executive summary
Integrated Oil/Gas looks undervalued relative to historical averages in 3 valuation factors. It is close below its historical average in profitability measured by the median ROE. Other industries in Energy and Materials are significantly overvalued. Data are mixed for some industries. In Energy Equipment, P/S and P/FCF are good, whereas P/E and ROE are extremely bad. In Paper/Wood, P/FCF and ROE are good,